Statement of Changes in Beneficial Ownership (4)
28 September 2017 - 12:31AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Red Oak Partners, LLC
|
2. Issuer Name
and
Ticker or Trading Symbol
SMTC CORP
[
SMTX
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
__
X
__ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
|
(Last)
(First)
(Middle)
1441 BROADWAY, SUITE 5022
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
9/22/2017
|
(Street)
NEW YORK, NY 10018
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
_
X
_ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock
|
9/22/2017
|
|
P
|
|
9119
|
A
|
$1.288
|
766968
|
I
|
By Pinnacle Opportunities Fund, LP directly
(1)
(2)
(6)
|
Common Stock
|
9/22/2017
|
|
P
|
|
13572
|
A
|
$1.288
|
1141579
|
I
|
By the Red Oak Fund LP directly
(2)
(4)
(6)
|
Common Stock
|
9/22/2017
|
|
P
|
|
6509
|
A
|
$1.288
|
547488
|
I
|
By the Red Oak Long Fund LP directly
(2)
(5)
(6)
|
Common Stock
|
9/25/2017
|
|
P
|
|
300
|
A
|
$1.30
|
1141879
|
I
|
By the Red Oak Fund LP directly
(2)
(4)
(7)
|
Common Stock
|
|
|
|
|
|
|
|
66603
|
I
|
By The Red Oak Institutional Founders Long Fund LP directly
(2)
(3)
|
Common Stock
|
|
|
|
|
|
|
|
663881
|
I
|
By David Sandberg Directly
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Restricted Stock Unit
|
$1.3300
|
|
|
|
|
|
|
12/12/2017
|
12/12/2017
|
Common Stock
|
15038
|
|
35268
|
D
|
|
Stock Options
|
$1.8000
|
|
|
|
|
|
|
12/11/2015
|
12/11/2025
|
Common Stock
|
20230
|
|
20230
|
D
|
|
Explanation of Responses:
|
(1)
|
ROP serves as a managing member of Pinnacle Capital Partners, LLC, a Florida limited liability company ("Pinnacle Partners"). Pinnacle Partners is the general partner of Pinnacle
Opportunities Fund, LP, a Delaware limited partnership ("Pinnacle Fund"), the direct owner of the subject securities.
|
(2)
|
Each Reporting Person disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
|
(3)
|
ROP serves as the general partner of The Red Oak Institutional Founders Long Fund, LP, a Delaware limited partnership (the "Founders Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Founders Fund's portfolio manager.
|
(4)
|
Red Oak Partners, LLC ("ROP") serves as the general partner of The Red Oak Fund, LP, a Delaware limited partnership (the "Fund"), the direct owner of the subject securities. David
Sandberg is the managing member of ROP and the Fund's portfolio manager.
|
(5)
|
ROP serves as the general partner of The Red Oak Long Fund, LP, a Delaware limited partnership (the "Long Fund"), the direct owner of the subject securities. David Sandberg is the managing member of ROP and the Long Fund's portfolio manager.
|
(6)
|
This transaction was executed in multiple trades at prices ranging from $1.28 to $1.29. The price reported in Column 4 of Table I reflects the weighted average purchase price. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each of the individual transactions was effected.
|
(7)
|
This transaction was executed in multiple trades all at a price of 1.30. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which each of the individual transactions was effected.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Red Oak Partners, LLC
1441 BROADWAY
SUITE 5022
NEW YORK, NY 10018
|
|
X
|
|
|
Sandberg David
1969 SW 17TH ST.
BOCA RATON, FL 33486
|
X
|
X
|
|
|
Signatures
|
/s/ David Sandberg
|
|
9/27/2017
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
SMTC (NASDAQ:SMTX)
Historical Stock Chart
From Apr 2024 to May 2024
SMTC (NASDAQ:SMTX)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about SMTC Corporation (NASDAQ): 0 recent articles
More Smtc Corp News Articles